These wishful thinkers are price hawks depending on conventional oil and natural gas; for them, however, the break-even
price of the crude oil they export must not be lower than the $120-140/b range.
In a statement, the bank said, 'We will be able to hit a monthly break-even
by next year.
Auto Business News-April 11, 2014--Daimler India Commercial Vehicles to achieve break-even
within next two years
Meanwhile, Moody s Investors Service in its latest MENA sovereign outlook report said that Oman s fiscal break-even
oil price is the second highest in the GCC after Bahrain, and is on an upward trend.
The IMF said the oil price needed for budgetary break-even
is now higher than the expected price for oil in 2014.
Balushi did not give last year's break-even
price, but economists polled by Reuters estimated it at around $83, up from $66 in 2011.
Manchester United and Arsenal have been pushing for a pure break-even
system similar to UEFA's financial fair play scheme for clubs in European competition.
After achieving operating break-even
in Q1 2012, Insurance House (IH) has registered a net profit of AED 7.
Amid falling oil prices, the leading financial management and advisory company maintained that the GCC countries would have a reasonable fiscal break-even
at oil price of $80 per barrel.
The Organization of Petroleum Exporting Countries (OPEC) hydrocarbon producers have remained split on the preferred market price of their crude oil exports given the large gap in the level of break-even
price for their budgets, an official Arab report has indicated.
The carrier expects to achieve profitable earnings before interest, taxation, depreciation, amortisation and rentals (EBITDAR) for 2010, in a development Hogan said marked an important step forward in the airline's journey towards full break-even
in 2011 and then profitability in 2012.
Unlike in the previously covered long call, bull call spread and covered call strategies, straddles have two break-even
(no profit, no loss) points.